It’s coming the trembling OPEC meeting
A fractured OPEC is meeting later this week to discuss a deal to cut oil production—yet again—to rebalance the market and lift oil prices that have recently slipped to below […]
A fractured OPEC is meeting later this week to discuss a deal to cut oil production—yet again—to rebalance the market and lift oil prices that have recently slipped to below […]
The Trump administration has dropped the hammer, officially putting sanctions on Iran’s oil exports. The U.S. granted waivers to eight countries, allowing them to continue to import oil from Iran […]
With Washington poised to curtail Iran’s oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say. The […]
The U.S. has agreed to let eight countries – including Japan, India and South Korea – keep buying Iranian oil after it reimposes sanctions on the OPEC producer on November […]
Crude oil prices have kept rising since the beginning of the year, even managing to reach record highs that were last seen in November 2014. What is surprising is that […]
Iran’s crude export numbers are falling much faster than many analysts anticipated ahead of planned U.S. sanctions on the country’s oil sector on November 4. Still, we don’t have an […]
The global crude oil price has risen in the past week to a four-year high of $84.78 a barrel, sending jitters around the world about a further increase to above […]
Oil closed over $73 per barrel last week and was flirting with the $74 price level in what marks the highest price since early July. The tension between falling Iranian […]